Archive for June 9th, 2011

Hindalco and JSW Steel

Hindalco Daily. Prices turned back down after retesting the neckline near 200 levels. The head and shoulders reversal remains valid and suggests further negativity ahead. Our first target lies at 170 supports. Any bounce from current supports (A wave lows) is an opportunity to take new short positions.

JSW Steel Daily. The minor structure looks like a potential head and shoulders continuation patter. Neckline and trend channel supports lie at psychological 900 levels. A break sub respective supports would push prices lower till our target at 750 levels.

Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.

Coverage India: CNX100 traded stocks and Indian Indices.

Michesan Anna-Maria, Head of India Research. Anna discovered her interest of markets immediately after completing her graduate studies in Economics. She followed it up with post graduate studies in corporate finance. A host of research work in behavioral finance, option strategies and quantifying market sentiment followed. Anna covers Indian equity and combines Elliott, Time Fractals and Time Analytics to deliver accuracy across time frames. To review some of her work, check out the annual India accuracy report 2009.


BSE Power makes a potential double bottom

BSE Power is one of the worst performer Indian sectors. Prices retested previous minor lows near 2,500 levels and are forming a potential double bottom reversal pattern. Neckline resistances lie at 2,800 levels. The daily RSI momentum is non-confirming and is in sync with our bottoming view.

Alpha is a daily strategy signal product that gives trading and investment signals. Alpha is a numeric Ranking product based on TIME fractals. The signals are illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. Alpha is a part of the time triads analytics developed by Orpheus Research.

Coverage India: CNX100 traded stocks and Indian Indices.

Michesan Anna-Maria, Head of India Research. Anna discovered her interest of markets immediately after completing her graduate studies in Economics. She followed it up with post graduate studies in corporate finance. A host of research work in behavioral finance, option strategies and quantifying market sentiment followed. Anna covers Indian equity and combines Elliott, Time Fractals and Time Analytics to deliver accuracy across time frames. To review some of her work, check out the annual India accuracy report 2009.